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Latest: Fintech News

Tesla Seen Looking at Battery Factory in India, as Well as EVs
Tesla Seen Looking at Battery Factory in India, as Well as EVs

Sources say CEO Elon Musk is keen to build two factories in India - one for electric vehicles, and a second plant to make and sell the group's "Powerwall" battery

South Korea Talks to US on Chip Curbs As Waivers Near Expiry
South Korea Talks to US on Chip Curbs As Waivers Near Expiry

Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities

Big Queue at Apple’s Shanghai Store for New iPhone 15
Big Queue at Apple’s Shanghai Store for New iPhone 15

Apple has seen an enthusiastic response for its iPhone 15 in China, despite moves to curb use of iPhones at some government offices and speculation it may face competition from a new Huawei model

China Says US ‘Repeatedly, Systematically’ Hacked Huawei – SCMP
Myanmar’s Central Bank Cancels 120 Forex Licences – RFA
China Blocked Exports of Two Chipmaking Metals in August
Toshiba to Delist After $13.5bn Takeover by JIP and Allies
Billions at Stake as India-Canada Ties Sour on Sikh Murder
More SE Asian Firms Looking at US IPOs, Filling Chinese Void
Huawei Unit Seen Shipping Chinese-Made Surveillance Chips

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors